Great Lakes Graphite Inc GLKIF

RE:RE:For now

[BueBoy]

For what it is worth my take is that this halt all ties in with Novocarbon and this is the vehicle created for the new mega factory. They need plenty of new funding and a new company is one way to do it. After all GLK is little more than a processing middle man with a court case and grants to repay hanging over it and have little to bring to this party. What I can't work out is how GLK shareholders fit into this mega factory project. I thought perhaps we would get shares in Novocarbon but then why bother to give GLK a new name if so? I still have concerns we will be shafted but I think the length of the halt is a positive. Taking it private would be a much quicker process than negotiations for funding a sister company and a new factory. They would not get funding without a decent cash flow lined up, which presumably means orders? but orders for who - GLK or direct to Novocarbon?